The Talking Points Memo host says he doesn’t get the progressive brouhaha over Obama’s reneging on implementing a windfall profits tax on Big Oil. (This is even as ExxonMobil’s Rex Tillerson does got “it” — namely, a 10 percent pay raise and new bonuses.
So, I e-mailed Josh to help him out.
Oil prices WILL go back up. Nobody argues that.
So, what's wrong with having a windfall profits tax ALREADY IN PLACE in advance of that?
Nothing, and plenty right with it.
You think B.O. is going to institute one 18 months from now, Josh? I got some palm-lined property on Chicago's Loop to sell you.
In other words, this was Just.Another.Promise. from Just.Another.Politician™ .
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